Are you taking up loans and buying bitcoin in order to perform a speculative attack on your fiat currency?
10 sats \ 7 replies \ @Zepasta 11 Nov 2023
I took 2 loans (one of them at 0% interest) and bought Bitcoin, nothing huge. Tried to do a third but they wouldnt let me.
Abuse the fiat clown system to your advantage.
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21 sats \ 6 replies \ @nemo 11 Nov 2023
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100 sats \ 5 replies \ @Zepasta 11 Nov 2023
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27 sats \ 4 replies \ @pillar 11 Nov 2023
Would love to hear your thoughts.
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0 sats \ 3 replies \ @Zepasta 11 Nov 2023
Do we have a Remindme bot on SN? @k00b
I would like to answer to this when i get home.
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24 sats \ 2 replies \ @k00b 11 Nov 2023
No not yet. I'll create a github issue.
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24 sats \ 1 reply \ @k00b 11 Nov 2023
Looks like we already have one: https://github.com/stackernews/stacker.news/issues/510
I imagine it won't be long before someone picks this up
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10 sats \ 0 replies \ @Zepasta 11 Nov 2023
(ps im loving the image upload feature)
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0 sats \ 0 replies \ @lv99_slacker 12 Nov 2023
About to. On Monday.
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0 sats \ 0 replies \ @antic 11 Nov 2023
If I had nothing to lose, I’d risk it all 🤣
In all seriousness, the speculative attack is highly underrated now that there are ways to leverage bitcoin to borrow fiat in a somewhat safe way (ledn/unchained). But overextending is exactly what drives the bubble—and it’s all fun and games until the bubble pops.
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